Cwm LLC Buys 72,650 Shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Cwm LLC raised its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQMFree Report) by 580.8% during the 1st quarter, according to its most recent filing with the SEC. The firm owned 85,159 shares of the company’s stock after acquiring an additional 72,650 shares during the period. Cwm LLC’s holdings in Invesco NASDAQ 100 ETF were worth $16,437,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Sequoia Financial Advisors LLC increased its position in shares of Invesco NASDAQ 100 ETF by 91.6% during the 1st quarter. Sequoia Financial Advisors LLC now owns 2,656 shares of the company’s stock valued at $513,000 after purchasing an additional 1,270 shares during the last quarter. Mather Group LLC. increased its position in shares of Invesco NASDAQ 100 ETF by 80.6% during the 1st quarter. Mather Group LLC. now owns 168 shares of the company’s stock valued at $32,000 after purchasing an additional 75 shares during the last quarter. Northern Trust Corp purchased a new stake in shares of Invesco NASDAQ 100 ETF during the 4th quarter valued at about $420,000. Fifth Third Bancorp increased its position in shares of Invesco NASDAQ 100 ETF by 223.5% during the 1st quarter. Fifth Third Bancorp now owns 495 shares of the company’s stock valued at $96,000 after purchasing an additional 342 shares during the last quarter. Finally, Proficio Capital Partners LLC purchased a new stake in shares of Invesco NASDAQ 100 ETF during the 4th quarter valued at about $6,882,000.

Invesco NASDAQ 100 ETF Trading Up 0.4%

Invesco NASDAQ 100 ETF stock opened at $228.94 on Tuesday. The firm has a 50 day moving average of $217.56 and a 200 day moving average of $208.25. The firm has a market capitalization of $54.09 billion, a price-to-earnings ratio of 31.95 and a beta of 1.18. Invesco NASDAQ 100 ETF has a 12-month low of $165.72 and a 12-month high of $229.70.

Invesco NASDAQ 100 ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, June 27th. Investors of record on Monday, June 23rd were issued a $0.3161 dividend. This represents a $1.26 annualized dividend and a yield of 0.55%. This is a positive change from Invesco NASDAQ 100 ETF’s previous quarterly dividend of $0.30. The ex-dividend date was Monday, June 23rd.

Invesco NASDAQ 100 ETF Profile

(Free Report)

The Invesco NASDAQ 100 ETF (QQQM) is an exchange-traded fund that is based on the NASDAQ-100 index. The fund is passively managed to track a modified-market-cap weighted narrow index of 100 NASDAQ-listed stocks, excluding financials. QQQM was launched on Oct 13, 2020 and is managed by Invesco.

See Also

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Institutional Ownership by Quarter for Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

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